WY State Investments Exceeding Expectations

A recent announcement by State Treasurer Mark Gordon provided a bit of good news at a time when Wyoming is facing significant funding shortfalls.

The good news came in Treasurer’s Office annual report that was released on Monday, showing state investments grew by $1.17 million.

Gordon explained why this growth is important…

 

According to the report, the state’s four permanent funds had a combined rate of return of 6.1% with total assets exceeding $20 billion… by far the best performance above the state’s benchmark over the past decade.

The Treasurer’s Office also embarked on an effort to improve transparency while expanding public outreach…

Those efforts garnered Wyoming a ranking of 3rd in the world among sovereign funds behind only Norway and New Zealand and ahead of all domestic peers.